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ARTICLE · 19 SEPTEMBER 2016

Marketing Contracts And Its Compensation Requirements Under Turkish Laws

The marketing contract is defined under Article of 448 of Turkish Code of Obligations.

TurkeyCorporate/Commercial Law

The marketing contract is defined under Article of 448 of Turkish Code of Obligations ("TCO"). In the referred article, a marketing contract is defined in which the marketer acts continuously as the intermediary for every action outside of the workplace on behalf of the employer who owns a commercial enterprise or if a written agreement exists, he accepts to fulfill the agreed transactions and the employer pays a fee for such services. According to the marketing contract provisions under the TCO, a written agreement on the salary which consists exclusively or predominantly of commission is valid only if such commission is an appropriate remuneration for the services of the marketer.

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